FORT WORTH, Texas, December 9, 2014 /PRNewswire/ --
The North America In-Memory Computing Market is estimated to grow from $880.1 million in 2013 to $3,873.2 million by 2018, at a CAGR of 34.5% from 2013 to 2018. With the rise of multi-core processors, the abilities of the processor to process several works in parallel increased significantly.
Browse through the TOC of the North America In-Memory Computing market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.
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This market is estimated to grow from $880.1 million in 2013 to $3,873.2 million by 2018, at a CAGR of 34.5% from 2013 to 2018. With the rise of multi-core processors, the abilities of the processor to process several works in parallel increased significantly. In traditional disk-based systems, a maximum amount of time is wasted in carrying out input-output operations and the processors remains idle during this time. For massive data volume and parallel processing, processor should be busier and not idle.
With the help of in-memory computing technology, the time spent in data loading on main-memory gets reduced and thus, the efficiency of the processor increases, thereby enhancing parallel computing capabilities of the processors. North America holds a major share in the global in-memory computing market, accounting for a 38.2% share in the global market.
With the number of small, medium, and large enterprises growing at a rapid pace in the region, the data generated has increased, thereby increasing the need for tools and techniques that could help in computing these large amounts of data in short periods of time. In-memory computing technologies find applications mainly in segments such as banking, financial and insurance services, logistics, and so on.
The report provides details of the numerous opportunities in the market for existing as well as new companies, along with market share and value chain analyses. Oracle Corporation (U.S.), SAP SE (Germany), and TIBCO Software, Inc. (U.S.), among others, are the major players in the North American in-memory computing market.
Europe In-Memory Computing (IMC) Market is expected to grow from $783.2 million in 2013 to $3226.1 million by 2018, at a CAGR of 32.7%, during the given period. The market is primarily driven by the need to effectively maintain the massive data.
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